40 Homewood Ave W 2415

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40 Homewood Ave W 2415, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3951157
MLSID
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Property Description
Renovated, Oversized Layout W/Spectacular Unobstructed City & Sunset Views. From Private Balcony. Filled W/Natural Light, This Spacious Suite Features Carefully Chosen Finishes & Accents: B/I Closet Organizers, Stainless Steel Appliances, New Windows, Fabulous Indoor Saltwater Pool, Gym, Sauna, & Party Rm. On A Quiet Side Street, Steps From Ttc, Parks, Eaton Center, Shops & Ryerson. Affordable Monthly Fee Includes All Utilities & Select Cable Channels.
Extras
S/S Fridge, S/S Oven, B/I Dishwasher, Hood Range, Window Blinds, All Elfs, B/I Closet. Parking Avail For $95/Mth. Exclusions: Shoe Rack In Closet, Wooden Tiles On Balcony And Microwave.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,899 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Rental
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain12.04' x 16.99'Large Window, West View
DiningMain8.04' x 9.02'Large Window, West View
KitchenMain7.05' x 10.10'Renovated, Stainless Steel Appl
MasterMain10.10' x 14.01'B/I Closet, West View
OtherMain4.10' x 10.01'W/O To Balcony, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave W 2415 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $203,145 (33.7%) lower than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.
Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Royal Properties Realty, Brokerage
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